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The above audited consolidated results were reviewed and recommended by the Audit Committee on May 04, 2026 and approved by the Board of Directors at its meeting held on May 04, 2026. The Statutory Auditors have audited the consolidated financial results for the quarter and year ended March 31, 2026 and have issued an unmodified opinion on the same. <BR> <BR> 2. These audited consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard Rules), 2015 (as amended) and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. <BR> <BR> 3. On November 21, 2025, the Government of India notified the four Labour Codes - The Code on Wages, 2019, The Industrial Relations Code,2020, The Code on Social Security, 2020,and The Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has evaluated and disclosed the incremental impact of these changes using the best information currently available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact for the year ended March 31, 2026, consisting of gratuity of Rs. 56.82 crore and long-term compensated absences of Rs. 26.92 crore primarily arises due to change in wage definition and has been recorded as Exceptional item. During the quarter ended March 31, 2026, the Company has taken certain clarifications on the gratuity payable and accordingly revised the provision arising due to Labour codes. The Company continues to monitor the finalisation of Central/ State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect based on such developments as needed. <BR> <BR> 4. During the year ended March 31, 2026, the Group, through it's wholly owned subsidiary, Tata Technologies Pte Ltd (Singapore) completed 100% acquisition of Es-Tec GmbH, Germany and its subsidiaries (collectively called the Es-Tec Group), which are into the business of high end automotive engineering services with deep know-how in ADAS, Connected Driving, and Digital Engineering. <BR> <BR> The total purchase consideration for this business combination comprises of: <BR> i) fixed consideration of Euro 51.4 million (Rs. 532.10 crore) paid on acquisition completion date November 27, 2025 <BR> ii) variable consideration up to Euro 14.6 million (Rs. 151.77 crore) based on the achievement of operational milestones payable over the next 2 years. <BR> <BR> At the reporting date, the purchase price allocation and fair value adjustments are provisional as per Ind AS 103. Accordingly, the Group has recognized Goodwill amounting to Rs. 406.72 crore and Customer related intangible assets of Rs. 365.32 crore. Acquisition related costs of Rs. 23.99 crore are included in exceptional items considering materiality and non-recurring nature of such costs. Pursuant to this acquisition, Es-Tec GmbH Group has become a step down subsidiary of Tata Technologies Ltd and has been consolidated into the Group's financial statements starting December 01, 2025 and are therefore not comparable with the results of previous periods to that extent. <BR> <BR> 5. During the year ended March 31, 2026, the Company has subscribed to 10% paid-up share capital amounting to Rs. 0.01 crore of Tata Motors Foundation, which has been incorporated under section 8 of Companies Act 2013 to further Corporate Social Responsibilities. <BR> <BR> 6. The figures for the quarter ended 31 March 2026 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and unaudited published year to date figures upto the end of the third quarter of the relevant financial year. <BR> <BR> 7. The audited consolidated financial results include 19 wholly-owned subsidiaries and one associate as on March 31, 2026. <BR> <BR> 8. Tata Motors Limited (presently known as Tata Motors Passenger Vehicles Limited) (TML), the Holding Company of Tata Technologies Ltd, at its Board of Directors meeting held on August 1, 2024, approved a Composite Scheme of Arrangement involving the demerger of its Commercial Vehicle (CV) business undertaking into TML Commercial Vehicles Limited and the merger of erstwhile Tata Motors Passenger Vehicles Limited with the existing listed company TML thereby resulting in two separate listed companies for the CV and Passenger Vehicle businesses. The scheme was approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, with appointed date of July 1, 2025. Pursuant to the Composite Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, effective October 1, 2025, Tata Motors Passenger Vehicle Limited (formerly Tata Motors Limited) is the Holding Company of Tata Technologies Ltd. <BR> <BR> 9. On May 04, 2026, the Board of Directors have proposed a final dividend of Rs. 8.35 per share and a one-time special dividend of Rs. 3.35 per share in respect of the year ended March 31, 2026. The total proposed dividend for the year ended March 31, 2026 would be Rs. 11.70 per share, subject to approval of shareholders at the Annual General Meeting, and if approved, would result in a cash outflow of approximately Rs. 475.00 crore. <BR> <BR> 10. a. Mr. Vikrant Gandhe, held the office of Company Secretary of the Company till January 16, 2026. Mr. Raghav Mulay has assumed this office as Company Secretary effective April 14, 2026. <BR> b. Mr. Balaje Rajan (DIN - 10749831) ceased to be a Non-Executive Non-Independent Director of the Company w.e.f. January 15, 2026 pursuant to his resignation. Mr. Dhiman Gupta (DIN - 09420213) is appointed as a Non-Executive Non-Independent Director of the Company w.e.f. January 16, 2026. <BR> <BR> 11. The audited consolidated results for the quarter and year ended March 31, 2026 are available on the Company's website at www.tatatechnologies.com/in/ and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.2025-04-012026-03-31AuditedConsolidated5505570000017455000005680120000000027374200000341200000144950000019152000000483169000008484300000-107730000074070000002926800000-745500000218130000005225700000000240200000546590000026606000008126500000546590000002660600000081200000023842170000013.4713.470013.4713.47Purchases of technology solutions2703600000Outsourcing and consultancy charges1373300000Other Expenses1497200000Purchases of technology solutions9671900000Outsourcing and consultancy charges4251900000Other Expenses522820000029618000006300000013512500000407350000014770000002565000001000000150000000343420000035843000004442500000247270000031457800000079781000001186860000068234000003283000003017800000859100000308753000001084000002709310000058076800000008953460000081200000038421700000392337000000392337000005889900000000346280000093527000006127000009331000000149570000012394200000765700000230000005790600000581360000010967000007676000000271833000008809000002166500000037906700000005030090000089534600000Deposits pledged/lien with banks600000Security deposits235800000Net investment in sub lease231700000Contractual financial asset measured at FVTPL2966100000Income tax assets (net)253100000Prepaid expenses2203100000Deposits with government authorities16500000Interest accrued on deposits and investments76100000Receivable from related parties for reimbursement of expenses14000000Security deposits1000000Net investment in sub lease22200000Bank Deposit723700000Others22100000Contract Assets21118300000Prepaid expenses1456100000Deposits with government authorities8600000Balances with government authorities3733800000Advances to suppliers and contractors769700000Other advances6600000Lease liabilities1962900000Dues payable to employees3000000Deferred Earnout Consideration payable1496900000Deferred Income1495700000Lease liabilities761300000Interest accrued but not due on borrowings106200000Unpaid dividends82200000Dues payable to employees23700000Capital creditors62200000Fair value of foreign exchange derivative liabilities61100000Unearned Revenue1557200000Statutory remittances (withholding taxes, Provident Fund, GST etc.)1301200000Advance and progress payments23992500000Deferred Income332400000Services segment12196100000Technology solutions segment3526100000Services segment42563000000Technology solutions segment124927000001572220000055055700000001572220000055055700000Services segment3572400000Technology solutions segment704900000Services segment12318100000Technology solutions segment23191000004277300000146372000001581000003412000001285900000664880000028333000007647200000Services segment0Technology solutions segment0000Services segment0Technology solutions segment00003412000000-6562000000-6493700000-4500000000-32430000001791000000805280000001449500000059940000041050000013300000-21000000035970000018800000-696000000-214100000-423900000589000000212990000095369000000001779900000077570000000000000013800000335900000000000000000011050000000838960000000244000003043000000-6055400000-87092000000035000000000005703200000080800000047661000001330000005500000156300000-79590000094440000014850000066749000006823400000Remeasurement of defined employee benefit plans160300000160300000Remeasurement of defined employee benefit plans1258000001258000004040000031700000Exchange differences on translation of financial statements of foreign operations11906000001190600000Exchange differences on translation of financial statements of foreign operations256650000025665000000013105000002660600000AuditedtrueBSR & Co. 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